James Investment Research Inc. Buys 8,280 Shares of United States Lime & Minerals, Inc. (NASDAQ:USLM)

James Investment Research Inc. grew its stake in shares of United States Lime & Minerals, Inc. (NASDAQ:USLM - Free Report) by 400.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,350 shares of the construction company's stock after acquiring an additional 8,280 shares during the quarter. James Investment Research Inc.'s holdings in United States Lime & Minerals were worth $1,011,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in USLM. Principal Financial Group Inc. bought a new position in United States Lime & Minerals in the first quarter valued at about $249,000. GSA Capital Partners LLP bought a new stake in United States Lime & Minerals during the first quarter valued at approximately $509,000. State Board of Administration of Florida Retirement System bought a new stake in United States Lime & Minerals during the first quarter valued at approximately $607,000. Vanguard Group Inc. raised its position in United States Lime & Minerals by 2.3% in the first quarter. Vanguard Group Inc. now owns 114,041 shares of the construction company's stock worth $34,000,000 after acquiring an additional 2,526 shares during the period. Finally, Cynosure Group LLC bought a new position in United States Lime & Minerals in the first quarter worth approximately $322,000. 27.12% of the stock is currently owned by institutional investors.

Insider Buying and Selling at United States Lime & Minerals

In other news, Director Richard W. Cardin sold 12,000 shares of United States Lime & Minerals stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $77.88, for a total value of $934,560.00. Following the sale, the director now directly owns 14,300 shares of the company's stock, valued at approximately $1,113,684. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.16% of the company's stock.

United States Lime & Minerals Stock Performance

Shares of NASDAQ USLM traded down $4.32 during trading on Friday, hitting $108.46. The company had a trading volume of 134,454 shares, compared to its average volume of 58,150. United States Lime & Minerals, Inc. has a 12 month low of $37.11 and a 12 month high of $114.75. The firm has a market capitalization of $3.10 billion, a P/E ratio of 31.44 and a beta of 0.82. The stock has a 50 day simple moving average of $92.79 and a 200 day simple moving average of $79.49.

United States Lime & Minerals (NASDAQ:USLM - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The construction company reported $0.91 EPS for the quarter. United States Lime & Minerals had a return on equity of 23.74% and a net margin of 32.60%. The business had revenue of $76.55 million for the quarter.

United States Lime & Minerals Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 22nd will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.18%. The ex-dividend date is Friday, November 22nd. United States Lime & Minerals's payout ratio is currently 5.80%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded United States Lime & Minerals from a "hold" rating to a "buy" rating in a research note on Tuesday, October 22nd.

United States Lime & Minerals Company Profile

United States Lime & Minerals, Inc manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers.